PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1640724
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1640724
Automotive Chip Market Introduction and Overview
According to SPER market research, 'Global Automotive Chip Market Size- By Type, By Vehicle, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global Automotive Chip Market is predicted to reach 104.11 billion by 2034 with a CAGR of 11.49%.
Automotive chips are specialized semiconductors used in automobiles for a number of functions, including chassis systems, safety features, power electronics, body electronics, and entertainment and comfort systems. The conductivity level of semiconductors used in automobile chips falls between that of insulators and conductors (such as metals). Their integration into vehicles has enabled features like cell phone connectivity, automated driving assistance, heads-up displays, and improved comfort and performance.
Supply chain interruptions, semiconductor shortages, and the growing complexity of chip design for advanced features are some of the issues facing the automotive chip industry. The industry's growth and development are further complicated by obstacles that manufacturers must overcome, including as changing safety laws, high production costs, and the requirement for quick technical breakthroughs to enable autonomous systems and electric vehicles.
Scope of the Report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2035
Segments covered By Type, By Vehicle, By Application.
Regions covered
North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
Companies Covered
Broadcom, Infineon Technologies AG, Intel Corporation, Micron Technology, Inc., NXP Semiconductors, Qualcomm Technologies, Inc., Renesas Electronics Corporation, ROHM CO., LTD., STMicroelectronics, and Texas Instruments Incorporated and others.
Automotive Chip Market Segmentation:
By Type: Based on the Type, Global Automotive Chip Market is segmented as; Analog ICs, Microcontrollers & Microprocessors, Logic ICs.
By Vehicle: Based on the Vehicle, Global Automotive Chip Market is segmented as; Passenger Vehicles, Commercial Vehicles.
By Application: Based on the Application, Global Automotive Chip Market is segmented as; Chassis, Powertrain, Safety, Telematics & Infotainment, Body Electronics
By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.